Some Theory and Application
In your hypothetical example Shouldn't the CHF strengthen in 3 months compared to the dollar as it commands a higher interest rate
No, work through the example. Forward needs to weaken for higher rate currencies.
Thanks. Can you please tell the name of boa research for chart?
In your hypothetical example Shouldn't the CHF strengthen in 3 months compared to the dollar as it commands a higher interest rate
No, work through the example. Forward needs to weaken for higher rate currencies.
Thanks. Can you please tell the name of boa research for chart?